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Technology, entrepreneurship, and inequality
Gambardella, Alfonso; Ulph, David - 2003
This paper links the rise of new industries populated by skill-intensive companies, and the divergence in labour incomes between skills. Our model explains inequality by the fact that as the skilled workers move towards new Silicon-Valley type firms, the reduced complementarity between skilled...
Persistent link: https://www.econbiz.de/10010328353
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Schumpeterian dynamics and financial market anomalies
Merey, Esther; Hanusch, Horst; Grebel, Thomas - 2004
In this paper we try to put together both the dynamics of the endogenous evolution of an industry and the corresponding dynamics on the capital market. The first module of our modelling efforts is the endogenous evolution of the industry based on the micro-behaviour of boundedly rational agents....
Persistent link: https://www.econbiz.de/10010263021
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Out of sight, out of mind: migration, entrepreneurship and social capital
Wahba, Jackline; Zenou, Yves - 2009
The aim of this paper is to investigate whether return migrants are more likely to become entrepreneurs than non-migrants. We develop a theoretical search model that puts forward the trade off faced by returnees since overseas migration provides an opportunity for human and physical capital...
Persistent link: https://www.econbiz.de/10010269590
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Foundations of high impact entrepreneurship
Ács, Zoltán J. - 2008
This survey reviews the theoretical literature on high impact entrepreneurship. The survey is guided in part by the … recent classification changes at the Journal of Economic Literature (JEL) regarding entrepreneurship. The board voted to … create a new classification code, L26, for entrepreneurship. The JEL intends to use this code for all articles and books that …
Persistent link: https://www.econbiz.de/10010271790
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Entrepreneurship and structural economic transformation
Gries, Thomas; Naudé, Wim - 2008
-driven entrepreneurship in the modern sector. The model shows how opportunity-driven entrepreneurship can drive structural transformation …
Persistent link: https://www.econbiz.de/10010273418
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When to start a new firm? Modelling the timing of novice and serial entrepreneurs
Gries, Thomas; Naudé, Wim - 2009
for starting a new firm. We integrate insights from the real option theory with the theory on entrepreneurial market entry …
Persistent link: https://www.econbiz.de/10010273504
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The Meaning of Entrepreneurship: A Modular Concept
Peneder, Michael - 2009
Entrepreneurship has been characterised as one of the most intriguing but equally elusive concepts in economics. This … critical review first surveys its major intellectual roots and then proposes a modular concept of entrepreneurship that … definition identifies the only attribute that is both comprehensive and unique to the nature of entrepreneurship, while the …
Persistent link: https://www.econbiz.de/10011435254
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State of Literature on Small to Medium-Size Enterprises and Entrepreneurship in Low-Income Communities
Ács, Zoltán J.; Kallas, Kadri - 2007
Motivated by differences in new-firm survival across regions, this paper explores the impact of regional human capital on new-firm survival rates. New-firm survival is interpreted through formation rates of surviving versus closed firms in the service sector. By incorporating knowledge...
Persistent link: https://www.econbiz.de/10010318827
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Creative Destruction and Productive Preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2009
We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show …
Persistent link: https://www.econbiz.de/10010320309
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Financing entrepreneurship and the old-boy network
Inci, Eren; Parker, Simon C. - 2012
We study entrepreneurs' start-up financing from banks and local financiers. An informal network, whose membership cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local financiers, which are then reflected in different loan...
Persistent link: https://www.econbiz.de/10010282600